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Mortgage Providers

The home loan guarantor provides a sort of security on behalf of the borrower to the bank that if the borrower fails to repay the loan amount or other dues to the bank, the guarantor will make good that shortfall. The guarantor has to enter into a deed of guarantee, where he agrees to make the payment in the applicantu2019s event failing to pay the dues by the due date.<br><br>Mortgage Providers<br>Address: 6/402-410 Chapel Rd, Sydney NSW 2200<br>Phone: 1300 656 600

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Mortgage Providers

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  1. MORTGAGE PROVIDERS WWW.MORTGAGE-PROVIDERS.COM.AU

  2. CONTENTS ABOUT US 3 OUR EXPERIENCE 4 specialization AREAS 5 Why Mortgage Providers 7 Our Lenders 8 CAN PROFESSION SAVE ON HOME LOAN 9 HOW DOES IT WORK 10 3 TIPS TO PAY OFF HOME LOAN FASTER 12 CONTACT US 15

  3. ABOUT US Mortgage Providers provides a boutique mortgage consultancy service. Our brokers, take the time to get to know each of our clients to ensure we find the right lender and policy for you. We are well established and have built a steady reputation as savvy and trusted industry specialists. Not only do we work arduously to find the best deal for you, we will only submit an application we have confidence will get approved first time, every time. Guarantor Home Loans

  4. OUR TEAM HAS OVER 60 YEARS OF COMBINED INDUSTRY EXPERIENCE. This means we have been around long enough to know the ins and outs of different policies and have accreditation with a broad range of lenders that only industry specialists have access to. This means, we could potentially save you thousands of dollars and years off your mortgage. Mortgage Providers is a member of the Mortgage and Finance Association of Australia (MFAA) as well as Credit Ombudsman Services Limited (COSL), and also holds an Australian Credit License (ACL). Whether you are purchasing your first home or have already established a large property portfolio, our experienced brokers will work hard to ensure you are matched with the best lender for your unique financial position. WWW.MORTGAGE-PROVIDERS.COM.AU

  5. HERE AT MORTGAGE PROVIDERS, WE SPECIALISE IS MANY AREAS WHEN IT COMES TO SOURCING A LOAN These specialties include but are not limited to: No Lenders Mortgage Insurance (LMI waived)- we can help you save on the cost of the mortgage insurance and in many cases have it waived altogether. Different LVR Home Loans – find out which lenders will lend at very high LVR’s. You will be surprised what is out there. Low Doc Home Loans – we have access to some unusual products and policies which are very useful.

  6. No Genuine Savings Home Loans – we can show you which lenders do not require genuine savings, and give you the best interest rate also. Construction Home Loans – learn how you can have a construction loan at a high LVR, with the best home loan pricing. Bad Credit Home Loans – learn which lenders can approve your loan with bad credit. Refinance Home Loans – find which lender will pay for your refinance costs. Special Pricing Home loans – get a large discount off your home loan. i.e. more money in your pocket. Commercial Loans – we can show you how many different commercial loans are available giving you a choice which can save you tens of thousands with minimal paperwork. Commercial Private Loans - an alternative source of financing when it is difficult to get a loan from a mainstream lender. If you have experienced financial difficulties, our specialist brokers will seek out various lenders and explore every option available to you before determining the best step moving forward.

  7. Why Mortgage Providers Over 40+ Lenders 98% Approval rate Highly Trained Brokers MFAA Accredited Established in 2003 Free Advice

  8. Our Lenders

  9. CAN YOUR PROFESSION HELP YOU SAVE ON YOUR HOME LOAN If you’re fortunate enough to be in a profession that lenders classify as a low-risk borrower, you may be entitled to special home loan discounts.  Who’s eligible? Accountants, lawyers and teachers can be eligible for discounts on home loans, or special loans without fees. However, the benefits differ depending on your specialty, and whether lenders are targeting your industry in the current market. For example, when the mining industry slowed down in 2015, mining engineers were no longer in demand and thus lost their profession-based discounts.

  10. HOW DOES IT WORK Doctors are winners Each lender has its own target list of professions, but doctors will almost always come out on top, with waived lenders mortgage insurance and lower interest rates. In some instances, banks will even break policy to approve their loans. However, it’s best to confirm that your job is accepted by your lender; not all medical professionals are accepted by all lenders, such as chiropractors, psychiatrists, pharmacists and veterinarians.

  11. SPEAK TO THE BROKERS AT MORTGAGE PROVIDERS TODAY! You will usually need to show evidence of membership of your industry body (for example the Australian Medical Association). Your mortgage broker may also be able to negotiate a better interest rate as well. Since lenders don’t publish these better interest rates, it’s best to speak with a broker who can help negotiate the best possible deal, apply to the best lender suited to your needs, and help you with pricing requests.  Speak to the brokers at Mortgage Providers, we have the expertise and know-how to find the appropriate loan for your financial scenario, including profession-based discounts. Contact us today!

  12. 3 TIPS TO PAY OFF YOUR HOME LOAN FASTER AND SAVE MONEY As you work towards reducing the life of your loan, there are some easy things you can do to help speed things up by a few years. Here we share three tips to help you become mortgage-free sooner than you think.  1. Make extra repayments One way you can pay off your home loan faster is to make small extra repayments. Whilst it is always advantageous to deposit lump sums such as work bonuses and tax refunds, small amounts can still make a significant difference. Making small and frequent payments will greatly reduce the life of your loan. For example, on a $600,000 loan, injecting an extra $50 every fortnight—only $25 a week—can save you $35,000 of interest over the life of the loan and shorten its length by almost three years.

  13. 2. Change your payment structure If you can’t make extra repayments, you can still save years from your mortgage by just switching your payment intervals from monthly to fortnightly, which is particularly helpful if you are paid on a fortnightly basis. There are 12 months in a year, but 13 cycles of four-week periods. Therefore, when you make fortnightly payments, in effect you are paying off an additional month each year. 3. Select the right loan type You can reduce your loan principal faster and save on interest right away by having a loan that doesn’t penalise you for making additional repayments, letting you make the most of payments, whether they are small extra payments or bonuses.

  14. An offset account will reduce your principal by using your living costs or savings, but still allow access to your funds through a transaction account. You can reduce the loan on an interest-only mortgage on your investment by putting extra rental income into the offset account, as interest is calculated daily. Having an offset account may incur additional fees, but they may likely be less than the interest you save. The easiest way to figure out if this option is best for you financially is to speak with a finance broker. It’s easy to pay off your home loan faster with a bit of financial discipline and expert help to make sure you have the right loan options in place.

  15. CONTACT US SYDNEY OFFICE MORTGAGE PROVIDERS Suite 5, Level 6 , 402-410 Chapel Road Bankstown NSW 2200, Australia Phone: 1300 656 600

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